Usd/Jpy Technical Analysis for 12 January 2009
Posted on 12. Jan, 2009 by admin in Technical Analysis, Usd/Jpy, Usd/Jpy Technical Analysis
The pair is in the middle of a very intensive downtrend that started a week ago and shows great momentum that on a bigger scale appears to have more room to run. Currently, all oscillators on the 4 hour chart are pointing down and it seems that going short will be the right choice today.
